THERES HOPE AMERICA INC (EIN 581966767) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

RICHARD LEE

Phone

6785139400

Tax Period

2024-01-01 to 2024-12-31

THERES HOPE AMERICA INC, founded in 1990, is a small nonprofit in the Religion sector that reported $334K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $82K, a strong 24% operating margin.

Mission

TO SPREAD THE GOSPEL THROUGH RADIO BROADCASTS AND OTHER MEDIA OUTLETS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $328,828

Program Service Revenue $4,858

Investment Income $0

Other Revenue $0

TOTAL REVENUE $333,686

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,149

Fundraising Expenses $37,110

Program Expenses $145,465

Other Expenses $134,970

TOTAL EXPENSES $252,119

Year-over-Year Comparison

	2024	2023	Change
Revenue	$333,686	$363,140	-0.1%
Expenses	$252,119	$320,772	-0.2%
Net Income	$81,567	$42,368	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$189,911

Total Directors

$260,411

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD LEE	CHAIRMANPRESIDENT	35.00	Officer Director	$65,682	$0	$100,682
PATRICIA REDDING	TREASURER	32.00	Officer Director	$47,229	$0	$89,229
MELVIN BENSON	BOARD MEMBER	1.00	Director	$0	$0	$70,500
TERRY JOHNSON	VICE PRESIDENT	1.00	Director	$0	$0	$0
JUDY S LEE	SECRETARY	1.00	Officer Director	$0	$0	$0
EVERETT MAJOR	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN NEWMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM PAUL	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$333,686	$252,119	$218,062	$81,567
2023	$363,140	$320,772	$138,019	$42,368
2022	$368,748	$380,280	$103,088	$-11,532
2021	$400,982	$399,500	$117,191	$1,482
2020	$345,303	$356,592	$110,101	$-11,289
2019	$291,676	$279,812	$117,575	$11,864
2018	$277,440	$261,321	$89,379	$16,119

THERES HOPE AMERICA INC